Tenant Description
BB&T is one of the largest financial services holding companies in the US, offering various banking and trust services for small and mid-size businesses, public agencies, local governments, and individuals. It operates 1,800+ financial centers in 15+ states. BB&T offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. BB&T is a Fortune 500 company and consistently recognized for outstanding client satisfaction by the US Small Business Administration. It has also been named one of the World’s Strongest Banks by Bloomberg Markets Magazine (Top three in the United States and Top 15 Globally).
What We Like About BB&T
Investment Grade Tenant, Infill Real Estate, Most Banks Operate On Ground Leases and BB&T is one of the few that also has fee simple leases (Allowing For Depreciation)
Competition
BB&T Website
Corporate Office Location
200 West Second Street – Winston-Salem, NC 27101
Fast Facts
The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.
As of January 2019, BB&T holds $22.5+ billion in assets and has a market capitalization in excess of $35 billion.
